Wellspring Village Apartments

About This Building

Affordable Housing Option in Concord, NC- Wellspring Village Apartments Introduction: Looking for an affordable housing option in Concord, NC? Wellspring Village Apartments is a Low-Income Housing Tax Credit (LIHTC) apartment complex that might just be what you are looking for. Supported by the LIHTC program, these rental apartments have rent and income restrictions to ensure affordability. LIHTC Program: The LIHTC program provides incentives to builders and developers, encouraging them to offer housing options for low-income individuals. As a result, the maximum rent charged in Wellspring Village Apartments is determined by the Area Median Income (AMI). However, it is important to note that for some low-income persons, these apartments may still be unaffordable due to the AMI. Rental Rates: To determine if this apartment is affordable for you, check the current rental rates. It's crucial to evaluate if the prices align with your budget and income level. Apartment Details: Wellspring Village Apartments offers 178 one and two bedroom apartments. These rental units cater to the needs of individuals or families with varying household sizes. Office Hours: The office is open on Tuesday and Thursday from 10 am to 6 pm. Feel free to visit during these hours for further inquiries or to gather more information about the application process. Waiting Lists: As is the case with most apartments nowadays, there may be waiting lists. Therefore, we encourage you to reach out directly to Wellspring Village Apartments at the provided contact number. They will guide you on whether you can apply and qualify to live in the complex. Apartment Options: Wellspring Village Apartments provide both one and two bedroom apartments, offering residents options based on their preferences and needs.